Upstox Review
Table of Contents
Upstox started its services in India as a discount broker in the year 2011. Upstox was earlier known as RKSV Securities India Private Limited. In This Upstox Review post , we will take a look at Upstox Demat Account features, Upstox demat account review , Upstox Charges , Upstox Margings and other factors to rate it.
As of now, Upstox has over 8 Lakhs active clients in India, and it has earned fame for providing one of the Best Demat account in India. Upstox positions itself as a low-cost brokerage firm and a discount broker
Let’s evaluate and Review Upstox on the following Parameters.
Upstox Review -Trading and Demat Account Review
Upstox is a safe Demat account as it is regulated by India’s top regulator- the Securities and Exchange Board of India. It is backed by a group of investors, including Kalaari Capital, Ratan Tata, and GVK Davix.
Upstox review – Account Opening Process Review
Upstox offers both Online and Offline Account Opening Processes.
Online Process
The online process to Open Upstox Demat Account is fast and hassle-free. If you have an Aadhaar card linked with your mobile number, then the Upstox Account opening process gets smooth.
Once you complete the formalities, your Upstox Demat account will open within a day
Offline Process
If your Aadhar card is not linked with your mobile number, Upstox provides a facility to open a Upstox Demat Account with Offline Process. Upstox would charge a fee of Rs 100 to process the documents sent through courier.
What do we like about the Upstox Account Opening process?
Upstox Review – Charges for Demat Account Opening
Upstox provides a free Demat and trading account and does not charges account opening fee but you need to choose a prepaid brokerage plan of which is
It will be credited in your trading account after the completion of the Upstox Account Opening process.
Upstox Coupon Code
Now, you can apply Upstox Coupon Code and avail free benefits while opening Upstox Demat Account.
Upstox review – Brokerage Charges review
Upstox is the only discount broker that provides you with an option to choose the Upstox brokerage charges. You are allowed to choose a plan while Upstox Account Opening or you can even change the plan by mailing a request for changing brokerage plan to Upstox Support Portal. You can also calculate the exact Brokerage charged on your trade using Upstox Brokerage Calculator. The Upstox brokerage plans are
Upstox Brokerage Basic Plan
In Upstox basic plan,
Upstox Brokerage Priority Plan
If you need high margins to trade regularly, then you should go with a priority plan.
Upstox AMC charges Review
The annual maintenance charges (AMC) is the charge to maintain your Demat Account with Upstox. Upstox does not charge any AMC for the Commodity account.
Upstox review – Trading Platforms Review
Upstox provides one of the best and user-friendly trading platforms for their clients. You can trade by using these platforms on your Upstox app for mobile, desktop application, or by desktop web. The trading platform are
Upstox Pro Web Application Review
Upstox Pro is a web-based trading and investment platform which helps you to buy and sell shares in the stock market. You can use the Upstox Pro Web to execute the trade using browsers on laptops or Desktops. You can also Know how to login Upstox Trading Platform
Upstox Pro Mobile Review – the Mobile Application
Pro upstox mobile is a user-friendly trading application available for download on both Android and iOS stores.
Upstox review -Mutual Funds platform
Upstox mutual funds platform provides free service for clients to invest in mutual fund schemes through SIP or LUMPSUM.
Products offered by Upstox
Upstox is partnered with a few applications to provide their clients, such as Dartstock, Fox trader, and Nest trader. Let us know about these applications here
Dartstock Platform Review
Upstox has partnered with iDarts to provide you with the Dartstock software to help you in your daily trading routine.
Know more about Datstock here
Upstox Nest Trader Platform Review
Upstox Nest Trader is a desktop platform that is built on a robust platform to serve your advanced trading needs.
Know more about Nest Trader here.
Upstox Fox Trader Platform Review
Upstox has partnered with Reliable Software India Pvt. Ltd. to bring the FoxTrader trading software with Upstox
Know more about FoxTrader here
Upstox Customer Care Number
Upstox customer care number is 022-6130-9999. Upstox Customer care Email id: support@upstox.com or support@rksv.in
There is an Upstox Support portal that has tutorials to learn about Upstox Demat Account, Upstox Trading Account, Online Trading, and Intraday Trading using Upstox application
In the help center, you get help from upstox regarding the Upstox Demat Account opening, Upstox Account information, and help on how to use the Upstox Pro Web and Upstox Pro mobile.
Upstox Customer care number: 02261309999
Upstox Review – Pros & Cons
| Pros | Cons |
|---|---|
| Advanced trading platforms enable customers to ease and flexibility to trade online | Call and trade feature requires additional ₹20 per trade |
| Upstox allows you to invest in an IPO through ASBA. | Canceled orders are not available in Equity Segment |
| A flat rate of ₹20 per executed order across trading segments | |
| Fast and Hassle-free Online account opening procedure with no minimum balance. | |
| Third-party trading platforms that are integrated with Upstox definitely add an edge to Upstox providing users with smart insights and enable them to trade smartly | |
| Funds transfer with 40 prominent banks in India is allowed. | |
| 3 in 1 Upstox account definitely provides a hassle-free experience to clients |
Our Upstox Experience Review- Most reliable stock broker
Upstox Review – FAQs
How can I Open a Upstox online account?
You can use this direct link to open Upstox Demat Account Online within 10 minutes.
Does Upstox provide a 3 in 1 Account?
Yes, Upstox has a tie-up with IndusInd bank to provide you a 3 in 1 Trading, Demat and Bank Account. Click here to open 3 in 1 account.
Do I have to pay for using the Upstox Pro platforms?
No. There’s no fee to use the trading software but you need to open Upstox Demat Account to access them.
Does Upstox provide margin trading facilities?
Yes, Upstox provides margin trading facilities, you will get 50% of your trade value as margin. The ratio will always be 50/50.
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